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L'économie sud-africaine au sortir de l'apartheid
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ISBN: 2845860161 9782845860162 Year: 2000 Publisher: Paris Karthala


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The composition of capital flows : is South Africa different?
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ISBN: 1462358926 1452778426 1282109677 9786613802569 1451905955 Year: 2005 Publisher: Washington, D.C. : International Monetary Fund,

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Abstract

Over the past decade, South Africa has attracted relatively little foreign direct investment (FDI), but considerable amounts of portfolio inflows. In this context, the objective of the paper is twofold: to identify the determinants of the level and composition of capital flows to emerging markets and to draw policy conclusions for South Africa. We estimate a dynamic panel for up to 81 emerging markets using GMM (Generalized Method of Moments) techniques. The results suggest that further trade and capital control liberalization would increase the share of FDI. Additionally, a reduction in exchange rate volatility would affect the composition of capital flows in favor of FDI.


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Economic boycott against South Africa : normative and factual issues.
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ISBN: 0702109886 9780702109881 Year: 1979 Publisher: Kenwyn Juta

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